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Global Automotive Aftermarket for Spark Plugs market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of 4.0% during 2019-2025

Global Automotive Aftermarket for Spark Plugs Market Research Report 2019

A spark plug is an important component of a vehicle that is screwed into the engine cylinder. It generates a spark that ignites the compressed air-fuel mixture, which ensures the continuous movement of the piston. There has been an increased demand for fuel-efficient and low-emission vehicles because of the stringent emission norms adopted across all economies and the growing awareness about environmental issues among consumers. This has led to the continuous evolution of spark plugs.
Owing to the continuous rise in the number of new registrations and longer life of the cars, the number of vehicles in use is steadily increasing. Also, the OEMs are extending their warranties on their vehicles to simultaneously increase the car reliability. Technavios market study identifies the increase in the parc vehicles to be one of the primary growth factors for the automotive aftermarket for spark plugs. Also, the extension of maintenance of the cars through various service packages has resulted the consumers to easily maintain their cars.
Modern GDI engines operate at higher pressure and temperature, consequently, requirement for ignition voltage also increases. Spark plugs manufacturers are offering high-performance spark plugs to withstand high pressure and temperature. High-performance spark plugs ensure reliable ignition of the fuel-air mixture. To fulfill the growing demands, manufacturers are focusing on enhancing the specifications of the spark plugs. According to our analysts, the development of better designed spark plugs for GDI engines is one of the key factors that will gain traction in the automotive aftermarket for spark plugs in the coming years.

The global Automotive Aftermarket for Spark Plugs market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of 4.0% during 2019-2025.
This report focuses on Automotive Aftermarket for Spark Plugs volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automotive Aftermarket for Spark Plugs market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The report includes an in-depth analysis of the competitive landscape of this business vertical, constituting manufacturers like:
Bosch
DENSO
Valeo
Autolite
Federal Mogul
HELLA
Magneti Marelli
NGK Spark Plugs

Market Segment by Regions includes:
North America
Europe
China
Japan

Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
Spark plugs-Hot & Cold
Glow plug-Metal & Ceramic

By Industrial Application, the market can be split into:
Passenger car
Commercial vehicle

Market Segment by Regions includes:

  • North America (the USA, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, and Italy)
  • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
  • South America
  • Middle East and Africa.

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